20 February 2019
Grosvenor Group appoints Barbara Kux as Non-Executive Director
Grosvenor Group announces the appointment of Barbara Kux, one of Europe's leading business leaders, as Non-Executive Director, effective from 12 June 2019
Grosvenor Group has announced the appointment of Barbara Kux, one of Europe’s leading business leaders, as Non-Executive Director, effective from 12 June 2019.
Barbara has held top management positions at global companies for 30 years and was the first woman to be appointed to the Managing Board of Siemens. She brings to Grosvenor vast experience in sustainable business practices and, through her background a valuable continental European perspective.
In her role at Siemens, which she held between 2008 and 2013, she established the company-wide supply chain management and sustainability functions and improved results by several billion Euros. Under her leadership, Siemens was ranked as the most sustainable industrial company in the world in both 2012 and 2013 in the Dow Jones Sustainability Index.
Since 2013 she has been a board director in a number of leading global companies. They include board mandates in the international fragrance and flavor company Firmenich as Vice Chairman in her home country Switzerland as well as in Henkel and Pargesa Holding.
Her previous roles include being a Member of the Group Management of Royal Philips Electronics and Vice President of the Central and Eastern Europe region of Nestlé. Barbara has an MBA from INSEAD and in 2010 was listed by the business school as one of 50 Alumni who changed the world. The Wall Street Journal and Fortune have recognized Barbara among the leading and most powerful international women in business.
Mark Preston, Chief Executive of Grosvenor Group, said:
“We are delighted to welcome Barbara onto our board. Her business acumen and experience of best practice in sustainability will be of great value to our activities, as will her European perspective.”
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Notes to Editors
About Grosvenor Group:
Grosvenor Group is one of the world’s largest privately-owned property companies. We develop, manage and invest in property in more than 60 cities around the world.
Through the activities of Grosvenor Britain & Ireland, Grosvenor Americas, Grosvenor Asia Pacific and Grosvenor Europe we diversify the Group’s property portfolio by geography, sector, activity, currency and management teams.
Our Indirect Investment business further diversifies the Group’s property interests beyond the expertise and strategies of our four regional Operating Companies. It invests Grosvenor’s capital in Africa, Australia, Europe and North and South America.
Grosvenor Group’s purpose is to deliver lasting commercial and social benefit. To live up to this ambition, for over 10 years we have adopted an approach we call 'Living cities' which aims to guide and inspire our property activities.
Achieving strong commercial returns enables our activities to be enduring. Applying our expertise with a far-sighted perspective to improve properties and places provides a positive impact on communities, neighbourhoods and cities.
About Grosvenor Britain & Ireland:
Grosvenor Britain & Ireland creates and manages high quality neighbourhoods that are great places to live, work and visit. Our diverse property development, management and investment portfolio includes Grosvenor’s London estate of Mayfair and Belgravia and other developments in London, Oxfordshire and Cambridgshire.
We are part of the Grosvenor Group, one of the world’s largest privately-owned property companies, which develops, manages and invests in property in more than 60 cities around the world.
As at 31 December 2017, Grosvenor Britain & Ireland had assets under management of £5.2bn.
About Grosvenor Americas:
Grosvenor Americas is an active developer, investor and co-investor across Canada and the USA. Our strategy is to invest in vibrant urban locations where we can add value and address some of the challenges that face our markets, including housing affordability supply.
Our active development pipeline includes 875 California Street, in San Francisco and The Pacific in downtown Vancouver, as well as the second phase of Grosvenor Ambleside in West Vancouver. Our Structured Development Finance programme invests in projects that address affordability issues by providing capital to early stage developers, and our Investment programme adds value to residential, retail and commercial assets in high-quality places.
Grosvenor Americas is part of the Grosvenor Group, one of the world’s largest privately-owned property companies which develops, manages and invests in property in more than 60 cities around the world.
As at 31 December 2017, Grosvenor Americas had assets under management of C$5.0bn.
About Grosvenor Asia Pacific:
Grosvenor Asia Pacific is a developer and investor in property and has been active in the Asia Pacific region for more than 20 years.
Our strategy is to expand the business in our chosen markets of Hong Kong, Tokyo and Shanghai through three areas of activity; high-quality residential development, investment in the residential and office sectors, and the development of best-in-class buildings in the central business districts of Shanghai and Hong Kong through co-investment partnerships.
Grosvenor Asia Pacific is part of the Grosvenor Group, one of the world’s largest privately-owned property companies which develops, manages and invests in property in more than 60 cities around the world.
As at 31 December 2017, Grosvenor Asia Pacific had assets under management of HK$9.4bn.